▶ 調査レポート

高性能コンピューティング技術の世界市場 2020年

• 英文タイトル:Global High Performance Computing Technology Market 2020 by Company, Regions, Type and Application, Forecast to 2025

GlobalInfoResearchが調査・発行した産業分析レポートです。高性能コンピューティング技術の世界市場 2020年 / Global High Performance Computing Technology Market 2020 by Company, Regions, Type and Application, Forecast to 2025 / GIR201115576資料のイメージです。• レポートコード:GIR201115576
• 出版社/出版日:GlobalInfoResearch / 2020年10月
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レポート概要
本書では、高性能コンピューティング技術の世界市場を調査対象にし、高性能コンピューティング技術の市場概要、企業情報、企業別売上・市場シェア、地域別市場分析(北米、アメリカ、ヨーロッパ、アジア、日本、中国、南米、中東・アフリカ)、種類別分析(コンピューティング、ネットワーク、ストレージ)、用途別分析(大企業、学術機関、政府機関、中小企業、その他)、市場予測(2021年~2025年)情報などを整理しました。
・市場概要
・企業情報:IBM、Atos、NEC、Fujitsu、Intel、Dell
・企業別売上、市場シェア
・高性能コンピューティング技術の地域別市場分析
・高性能コンピューティング技術の北米市場規模2015-2020:アメリカ、カナダ、メキシコ
・高性能コンピューティング技術のヨーロッパ市場規模2015-2020:ドイツ、イギリス、フランス、ロシアなど
・高性能コンピューティング技術のアジア市場規模2015-2020:日本、中国、韓国、インド、東南アジアなど
・高性能コンピューティング技術の南米市場規模2015-2020:ブラジル、アルゼンチンなど
・高性能コンピューティング技術の中東・アフリカ市場規模2015-2020:サウジアラビア、トルコ、エジプト、南アフリカなど
・高性能コンピューティング技術の種類別市場規模2015-2020:コンピューティング、ネットワーク、ストレージ
・高性能コンピューティング技術の用途別市場規模2015-2020:大企業、学術機関、政府機関、中小企業、その他
・高性能コンピューティング技術の世界市場予測2021-2025:地域別、種類別、用途別
・調査の結果・結論

Market Overview
The global High Performance Computing Technology market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019.

The High Performance Computing Technology market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation
High Performance Computing Technology market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, High Performance Computing Technology market has been segmented into:
Compute
Network
Storage

By Application, High Performance Computing Technology has been segmented into:
Big Businesses
Academic Institutions
Government Agencies
Small and Medium Enterprises
Others

Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the global High Performance Computing Technology market presented in the report. This section sheds light on the sales growth of different regional and country-level High Performance Computing Technology markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global High Performance Computing Technology market.

The report offers in-depth assessment of the growth and other aspects of the High Performance Computing Technology market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Landscape and High Performance Computing Technology Market Share Analysis
High Performance Computing Technology competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, High Performance Computing Technology sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the High Performance Computing Technology sales, revenue and market share for each player covered in this report.

The major players covered in High Performance Computing Technology are:
IBM
Atos
NEC
Fujitsu
Intel
Dell

レポート目次

1 High Performance Computing Technology Market Overview
1.1 Product Overview and Scope of High Performance Computing Technology
1.2 Classification of High Performance Computing Technology by Type
1.2.1 Global High Performance Computing Technology Revenue by Type: 2015 VS 2019 VS 2025
1.2.2 Global High Performance Computing Technology Revenue Market Share by Type in 2019
1.2.3 Compute
1.2.4 Network
1.2.5 Storage
1.3 Global High Performance Computing Technology Market by Application
1.3.1 Overview: Global High Performance Computing Technology Revenue by Application: 2015 VS 2019 VS 2025
1.3.2 Big Businesses
1.3.3 Academic Institutions
1.3.4 Government Agencies
1.3.5 Small and Medium Enterprises
1.3.6 Others
1.4 Global High Performance Computing Technology Market by Regions
1.4.1 Global High Performance Computing Technology Market Size by Regions: 2015 VS 2019 VS 2025
1.4.2 Global Market Size of High Performance Computing Technology (2015-2025)
1.4.3 North America (USA, Canada and Mexico) High Performance Computing Technology Status and Prospect (2015-2025)
1.4.4 Europe (Germany, France, UK, Russia and Italy) High Performance Computing Technology Status and Prospect (2015-2025)
1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) High Performance Computing Technology Status and Prospect (2015-2025)
1.4.6 South America (Brazil, Argentina, Colombia) High Performance Computing Technology Status and Prospect (2015-2025)
1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) High Performance Computing Technology Status and Prospect (2015-2025)
2 Company Profiles
2.1 IBM
2.1.1 IBM Details
2.1.2 IBM Major Business and Total Revenue (Financial Highlights) Analysis
2.1.3 IBM SWOT Analysis
2.1.4 IBM Product and Services
2.1.5 IBM High Performance Computing Technology Revenue, Gross Margin and Market Share (2018-2019)
2.2 Atos
2.2.1 Atos Details
2.2.2 Atos Major Business and Total Revenue (Financial Highlights) Analysis
2.2.3 Atos SWOT Analysis
2.2.4 Atos Product and Services
2.2.5 Atos High Performance Computing Technology Revenue, Gross Margin and Market Share (2018-2019)
2.3 NEC
2.3.1 NEC Details
2.3.2 NEC Major Business and Total Revenue (Financial Highlights) Analysis
2.3.3 NEC SWOT Analysis
2.3.4 NEC Product and Services
2.3.5 NEC High Performance Computing Technology Revenue, Gross Margin and Market Share (2018-2019)
2.4 Fujitsu
2.4.1 Fujitsu Details
2.4.2 Fujitsu Major Business and Total Revenue (Financial Highlights) Analysis
2.4.3 Fujitsu SWOT Analysis
2.4.4 Fujitsu Product and Services
2.4.5 Fujitsu High Performance Computing Technology Revenue, Gross Margin and Market Share (2018-2019)
2.5 Intel
2.5.1 Intel Details
2.5.2 Intel Major Business and Total Revenue (Financial Highlights) Analysis
2.5.3 Intel SWOT Analysis
2.5.4 Intel Product and Services
2.5.5 Intel High Performance Computing Technology Revenue, Gross Margin and Market Share (2018-2019)
2.6 Dell
2.6.1 Dell Details
2.6.2 Dell Major Business and Total Revenue (Financial Highlights) Analysis
2.6.3 Dell SWOT Analysis
2.6.4 Dell Product and Services
2.6.5 Dell High Performance Computing Technology Revenue, Gross Margin and Market Share (2018-2019)
3 Market Competition, by Players
3.1 Global High Performance Computing Technology Revenue and Share by Players (2015-2020)
3.2 Market Concentration Rate
3.2.1 Top 5 High Performance Computing Technology Players Market Share
3.2.2 Top 10 High Performance Computing Technology Players Market Share
3.3 Market Competition Trend
4 Market Size by Regions
4.1 Global High Performance Computing Technology Revenue and Market Share by Regions
4.2 North America High Performance Computing Technology Revenue and Growth Rate (2015-2020)
4.3 Europe High Performance Computing Technology Revenue and Growth Rate (2015-2020)
4.4 Asia-Pacific High Performance Computing Technology Revenue and Growth Rate (2015-2020)
4.5 South America High Performance Computing Technology Revenue and Growth Rate (2015-2020)
4.6 Middle East & Africa High Performance Computing Technology Revenue and Growth Rate (2015-2020)
5 North America High Performance Computing Technology Revenue by Countries
5.1 North America High Performance Computing Technology Revenue by Countries (2015-2020)
5.2 USA High Performance Computing Technology Revenue and Growth Rate (2015-2020)
5.3 Canada High Performance Computing Technology Revenue and Growth Rate (2015-2020)
5.4 Mexico High Performance Computing Technology Revenue and Growth Rate (2015-2020)
6 Europe High Performance Computing Technology Revenue by Countries
6.1 Europe High Performance Computing Technology Revenue by Countries (2015-2020)
6.2 Germany High Performance Computing Technology Revenue and Growth Rate (2015-2020)
6.3 UK High Performance Computing Technology Revenue and Growth Rate (2015-2020)
6.4 France High Performance Computing Technology Revenue and Growth Rate (2015-2020)
6.5 Russia High Performance Computing Technology Revenue and Growth Rate (2015-2020)
6.6 Italy High Performance Computing Technology Revenue and Growth Rate (2015-2020)
7 Asia-Pacific High Performance Computing Technology Revenue by Countries
7.1 Asia-Pacific High Performance Computing Technology Revenue by Countries (2015-2020)
7.2 China High Performance Computing Technology Revenue and Growth Rate (2015-2020)
7.3 Japan High Performance Computing Technology Revenue and Growth Rate (2015-2020)
7.4 Korea High Performance Computing Technology Revenue and Growth Rate (2015-2020)
7.5 India High Performance Computing Technology Revenue and Growth Rate (2015-2020)
7.6 Southeast Asia High Performance Computing Technology Revenue and Growth Rate (2015-2020)
8 South America High Performance Computing Technology Revenue by Countries
8.1 South America High Performance Computing Technology Revenue by Countries (2015-2020)
8.2 Brazil High Performance Computing Technology Revenue and Growth Rate (2015-2020)
8.3 Argentina High Performance Computing Technology Revenue and Growth Rate (2015-2020)
9 Middle East & Africa Revenue High Performance Computing Technology by Countries
9.1 Middle East & Africa High Performance Computing Technology Revenue by Countries (2015-2020)
9.2 Saudi Arabia High Performance Computing Technology Revenue and Growth Rate (2015-2020)
9.3 UAE High Performance Computing Technology Revenue and Growth Rate (2015-2020)
9.4 Egypt High Performance Computing Technology Revenue and Growth Rate (2015-2020)
9.5 South Africa High Performance Computing Technology Revenue and Growth Rate (2015-2020)
10 Market Size Segment by Type
10.1 Global High Performance Computing Technology Revenue and Market Share by Type (2015-2020)
10.2 Global High Performance Computing Technology Market Forecast by Type (2019-2024)
10.3 Compute Revenue Growth Rate (2015-2025)
10.4 Network Revenue Growth Rate (2015-2025)
10.5 Storage Revenue Growth Rate (2015-2025)
11 Global High Performance Computing Technology Market Segment by Application
11.1 Global High Performance Computing Technology Revenue Market Share by Application (2015-2020)
11.2 High Performance Computing Technology Market Forecast by Application (2019-2024)
11.3 Big Businesses Revenue Growth (2015-2020)
11.4 Academic Institutions Revenue Growth (2015-2020)
11.5 Government Agencies Revenue Growth (2015-2020)
11.6 Small and Medium Enterprises Revenue Growth (2015-2020)
11.7 Others Revenue Growth (2015-2020)
12 Global High Performance Computing Technology Market Size Forecast (2021-2025)
12.1 Global High Performance Computing Technology Market Size Forecast (2021-2025)
12.2 Global High Performance Computing Technology Market Forecast by Regions (2021-2025)
12.3 North America High Performance Computing Technology Revenue Market Forecast (2021-2025)
12.4 Europe High Performance Computing Technology Revenue Market Forecast (2021-2025)
12.5 Asia-Pacific High Performance Computing Technology Revenue Market Forecast (2021-2025)
12.6 South America High Performance Computing Technology Revenue Market Forecast (2021-2025)
12.7 Middle East & Africa High Performance Computing Technology Revenue Market Forecast (2021-2025)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
14.3 Disclaimer
14.4 About US

List of Tables
Table 1. Global High Performance Computing Technology Revenue (USD Million) by Type: 2015 VS 2019 VS 2025
Table 2. Breakdown of High Performance Computing Technology by Company Type (Tier 1, Tier 2 and Tier 3)
Table 3. Global High Performance Computing Technology Revenue (USD Million) by Application: 2015 VS 2019 VS 2025
Table 4. Global Market High Performance Computing Technology Revenue (Million USD) Comparison by Regions 2015-2025
Table 5. IBM Corporate Information, Location and Competitors
Table 6. IBM High Performance Computing Technology Major Business
Table 7. IBM High Performance Computing Technology Total Revenue (USD Million) (2017-2018)
Table 8. IBM SWOT Analysis
Table 9. IBM High Performance Computing Technology Product and Solutions
Table 10. IBM High Performance Computing Technology Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 11. Atos Corporate Information, Location and Competitors
Table 12. Atos High Performance Computing Technology Major Business
Table 13. Atos High Performance Computing Technology Total Revenue (USD Million) (2018-2019)
Table 14. Atos SWOT Analysis
Table 15. Atos High Performance Computing Technology Product and Solutions
Table 16. Atos High Performance Computing Technology Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 17. NEC Corporate Information, Location and Competitors
Table 18. NEC High Performance Computing Technology Major Business
Table 19. NEC High Performance Computing Technology Total Revenue (USD Million) (2017-2018)
Table 20. NEC SWOT Analysis
Table 21. NEC High Performance Computing Technology Product and Solutions
Table 22. NEC High Performance Computing Technology Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 23. Fujitsu Corporate Information, Location and Competitors
Table 24. Fujitsu High Performance Computing Technology Major Business
Table 25. Fujitsu High Performance Computing Technology Total Revenue (USD Million) (2017-2018)
Table 26. Fujitsu SWOT Analysis
Table 27. Fujitsu High Performance Computing Technology Product and Solutions
Table 28. Fujitsu High Performance Computing Technology Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 29. Intel Corporate Information, Location and Competitors
Table 30. Intel High Performance Computing Technology Major Business
Table 31. Intel High Performance Computing Technology Total Revenue (USD Million) (2017-2018)
Table 32. Intel SWOT Analysis
Table 33. Intel High Performance Computing Technology Product and Solutions
Table 34. Intel High Performance Computing Technology Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 35. Dell Corporate Information, Location and Competitors
Table 36. Dell High Performance Computing Technology Major Business
Table 37. Dell High Performance Computing Technology Total Revenue (USD Million) (2017-2018)
Table 38. Dell SWOT Analysis
Table 39. Dell High Performance Computing Technology Product and Solutions
Table 40. Dell High Performance Computing Technology Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 41. Global High Performance Computing Technology Revenue (Million USD) by Players (2015-2020)
Table 42. Global High Performance Computing Technology Revenue Share by Players (2015-2020)
Table 43. Global High Performance Computing Technology Revenue (Million USD) by Regions (2015-2020)
Table 44. Global High Performance Computing Technology Revenue Market Share by Regions (2015-2020)
Table 45. North America High Performance Computing Technology Revenue by Countries (2015-2020)
Table 46. North America High Performance Computing Technology Revenue Market Share by Countries (2015-2020)
Table 47. Europe High Performance Computing Technology Revenue (Million USD) by Countries (2015-2020)
Table 48. Asia-Pacific High Performance Computing Technology Revenue (Million USD) by Countries (2015-2020)
Table 49. South America High Performance Computing Technology Revenue by Countries (2015-2020)
Table 50. South America High Performance Computing Technology Revenue Market Share by Countries (2015-2020)
Table 51. Middle East and Africa High Performance Computing Technology Revenue (Million USD) by Countries (2015-2020)
Table 52. Middle East and Africa High Performance Computing Technology Revenue Market Share by Countries (2015-2020)
Table 53. Global High Performance Computing Technology Revenue (Million USD) by Type (2015-2020)
Table 54. Global High Performance Computing Technology Revenue Share by Type (2015-2020)
Table 55. Global High Performance Computing Technology Revenue Forecast by Type (2021-2025)
Table 56. Global High Performance Computing Technology Revenue by Application (2015-2020)
Table 57. Global High Performance Computing Technology Revenue Share by Application (2015-2020)
Table 58. Global High Performance Computing Technology Revenue Forecast by Application (2021-2025)
Table 59. Global High Performance Computing Technology Revenue (Million USD) Forecast by Regions (2021-2025)
List of Figures
Figure 1. High Performance Computing Technology Picture
Figure 2. Global High Performance Computing Technology Revenue Market Share by Type in 2019
Figure 3. Compute Picture
Figure 4. Network Picture
Figure 5. Storage Picture
Figure 6. High Performance Computing Technology Revenue Market Share by Application in 2019
Figure 7. Big Businesses Picture
Figure 8. Academic Institutions Picture
Figure 9. Government Agencies Picture
Figure 10. Small and Medium Enterprises Picture
Figure 11. Others Picture
Figure 12. Global High Performance Computing Technology Revenue (USD Million) and Growth Rate (2015-2025)
Figure 13. North America High Performance Computing Technology Revenue (Million USD) and Growth Rate (2015-2025)
Figure 14. Europe High Performance Computing Technology Revenue (Million USD) and Growth Rate (2015-2025)
Figure 15. Asia-Pacific High Performance Computing Technology Revenue (Million USD) and Growth Rate (2015-2025)
Figure 16. South America High Performance Computing Technology Revenue (Million USD) and Growth Rate (2015-2025)
Figure 17. Middle East and Africa High Performance Computing Technology Revenue (Million USD) and Growth Rate (2015-2025)
Figure 18. Global High Performance Computing Technology Revenue (Million USD) and Growth Rate (2015-2025)
Figure 19. Global High Performance Computing Technology Revenue Share by Players in 2019
Figure 20. Global Top 5 Players High Performance Computing Technology Revenue Market Share in 2019
Figure 21. Global Top 10 Players High Performance Computing Technology Revenue Market Share in 2019
Figure 22. Key Players Market Share Trend
Figure 23. Global High Performance Computing Technology Revenue (Million USD) and Growth Rate (%) (2015-2020)
Figure 24. Global High Performance Computing Technology Revenue Market Share by Regions (2015-2020)
Figure 25. Global High Performance Computing Technology Revenue Market Share by Regions in 2018
Figure 26. North America High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 27. Europe High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 28. Asia-Pacific High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 29. South America High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 30. Middle East and Africa High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 31. North America High Performance Computing Technology Revenue Market Share by Countries (2015-2020)
Figure 32. North America High Performance Computing Technology Revenue Market Share by Countries in 2019
Figure 33. USA High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 34. Canada High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 35. Mexico High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 36. Europe High Performance Computing Technology Revenue Market Share by Countries (2015-2020)
Figure 37. Europe High Performance Computing Technology Revenue Market Share by Countries in 2019
Figure 38. Germany High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 39. UK High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 40. France High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 41. Russia High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 42. Italy High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 43. Asia-Pacific High Performance Computing Technology Revenue Market Share by Countries (2015-2020)
Figure 44. Asia-Pacific High Performance Computing Technology Revenue Market Share by Countries in 2019
Figure 45. China High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 46. Japan High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 47. Korea High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 48. India High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 49. Southeast Asia High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 50. South America High Performance Computing Technology Revenue Market Share by Countries (2015-2020)
Figure 51. South America High Performance Computing Technology Revenue Market Share by Countries in 2019
Figure 52. Brazil High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 53. Argentina High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 54. Middle East and Africa High Performance Computing Technology Revenue Market Share by Countries (2015-2020)
Figure 55. Middle East and Africa High Performance Computing Technology Revenue Market Share by Countries in 2019
Figure 56. Saudi Arabia High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 57. UAE High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 58. Egypt High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 59. South Africa High Performance Computing Technology Revenue and Growth Rate (2015-2020)
Figure 60. Global High Performance Computing Technology Revenue Share by Type (2015-2020)
Figure 61. Global High Performance Computing Technology Revenue Share by Type in 2019
Figure 62. Global High Performance Computing Technology Market Share Forecast by Type (2021-2025)
Figure 63. Global Compute Revenue Growth Rate (2015-2020)
Figure 64. Global Network Revenue Growth Rate (2015-2020)
Figure 65. Global Storage Revenue Growth Rate (2015-2020)
Figure 66. Global High Performance Computing Technology Revenue Share by Application (2015-2020)
Figure 67. Global High Performance Computing Technology Revenue Share by Application in 2019
Figure 68. Global High Performance Computing Technology Market Share Forecast by Application (2021-2025)
Figure 69. Global Big Businesses Revenue Growth Rate (2015-2020)
Figure 70. Global Academic Institutions Revenue Growth Rate (2015-2020)
Figure 71. Global Government Agencies Revenue Growth Rate (2015-2020)
Figure 72. Global Small and Medium Enterprises Revenue Growth Rate (2015-2020)
Figure 73. Global Others Revenue Growth Rate (2015-2020)
Figure 74. Global High Performance Computing Technology Revenue (Million USD) and Growth Rate Forecast (2021-2025)
Figure 75. Global High Performance Computing Technology Revenue (Million USD) Forecast by Regions (2021-2025)
Figure 76. Global High Performance Computing Technology Revenue Market Share Forecast by Regions (2021-2025)
Figure 77. North America High Performance Computing Technology Revenue Market Forecast (2021-2025)
Figure 78. Europe High Performance Computing Technology Revenue Market Forecast (2021-2025)
Figure 79. Asia-Pacific High Performance Computing Technology Revenue Market Forecast (2021-2025)
Figure 80. South America High Performance Computing Technology Revenue Market Forecast (2021-2025)
Figure 81. Middle East and Africa High Performance Computing Technology Revenue Market Forecast (2021-2025)
Figure 82. Sales Channel: Direct Channel vs Indirect Channel